International

• Monday, October 27th 2008 - 20:00 UTC

  Gibraltar celebrates the UN decision on self-determination

  The Gibraltar Government has welcomed the formal rejection by the United Nations Fourth Committee of the view promulgated by the Committee of 24 that territories affected by a sovereignty dispute are excluded from the principle of self-determination.

• Sunday, October 26th 2008 - 20:00 UTC

  Global warning: New gases worry scientists

  

  Carbon dioxide is not the only greenhouse gas that worries climate scientists. Airborne levels of two other potent gases _ one from ancient plants, the other from flat-panel screen technology _ are on the rise, too. And that has scientists wondering about accelerated global warming.

• Sunday, October 26th 2008 - 20:00 UTC

  IMF director gets to keep job despite affair

  

  IMF Managing Director Dominique Strauss-Kahn has been cleared of harassment, favoritism and abuse of power after an affair with a colleague.

• Sunday, October 26th 2008 - 20:00 UTC

  PM Brown: UK 'prepared for economic storm'

  

  Britain is “better prepared” than other countries to weather the global economic storm, Gordon Brown has insisted despite the UK recording its worst economic performance for 18 years.

• Sunday, October 26th 2008 - 20:00 UTC

  Israel's Livni scraps coalition effort, wants early elections

  

  Unable to form a new coalition government, Kadima Party leader Tzipi Livni said Sunday she has asked Israeli President Shimon Peres to hold early general elections.

• Sunday, October 26th 2008 - 20:00 UTC

  Asia/Europe summit call for reform and greater IMF role

  Asian and European leaders have called for comprehensive reform of the global financial system. Ending a summit in Beijing, they also urged the International Monetary Fund (IMF) to play a greater role in helping countries hit by the market turmoil. UN chief Ban Ki-moon called for action to help affected developing nations.

• Saturday, October 25th 2008 - 20:00 UTC

  Asia-Europe concert efforts for coming financial summit

  

  Asian and European leaders called for a concerted effort to weather a financial crisis that originated from the United States and has now spread globally as the 7th Asia-Europe meeting opened on Friday.

• Saturday, October 25th 2008 - 20:00 UTC

  Falling oil market ignores OPEC production cut

  

  Crude prices plunged Friday despite a hefty OPEC cut in production as recession fears gripped global markets in panic, heightening concerns about declining energy demand. New York's main contract, light sweet crude for December delivery, tumbled to 64.15 USD a barrel, down 3.69 from its close Thursday.

• Saturday, October 25th 2008 - 20:00 UTC

  Global crisis: East Asian nations pledge 80 billion USD

  

  East Asian nations have pledged to set up an 80 billion US dollars swap scheme by mid-2009 to help protect the region from financial turmoil. The move by the 10-member Association of Southeast Asian Nations (Asean) is backed by South Korea, China and Japan.

• Saturday, October 25th 2008 - 20:00 UTC

  IMF Emergency financing mechanism has 200 billion USD

  The International Monetary Fund, which has announced its readiness to act in support of nations hit by fallout from the global financial turmoil, is holding talks with several countries about possible new lending programs. According to an official release IMF has 200 billion US dollars ready for loans.